I've searched the forums and found some older posts (both on here and the WERA forums) indicating that it is possible to insure a race bike for theft and fire (i.e. comprehensive). My main concern is theft, both while garaged and while in a trailer.
However, I've called around (Progressive, State Farm, Allstate, Liberty Mutual) and it seems that no coverage is offered at all for a bike that is raced. The closest I got was with Progressive, who would be willing to cover the bike if stolen from my home, but not if stolen from a trailer on the way to or from a racetrack or at the racetrack (technically, race preparations are not covered either, so if someone jacked the bike while I was wrenching on it, I'd be out of luck?) -- and they also require a liability policy on the bike (which I would never be eligible to use because my only use of the bike is on track and thus not covered). Progressive, it seems, has never heard of a comprehensive storage policy.
At this point this seems like a complete catch-22. Homeowner's will not cover because the bike has a VIN and wheels. Vehicle will not cover because it's a race bike.
Maybe underwriting requirements have changed in the last year or two, which would explain why people have been successful in years past obtaining such insurance.
Has anyone had any luck doing this in Colorado? If so, can you share your insurance company and agent?
Thanks.